Geeq granted a US patent for the protocol’s security and scalability features

Geeq granted a US patent for the protocol’s security and scalability features

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Geeq granted a US patent for the protocol’s security and scalability features

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Published on September 27, 2022 13:00 GMT+00:00edited on September 27, 2022 22:01 GMT+00:00

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Geeq, a Canada-based blockchain company, has been granted a patent in the United States for features of its multi-blockchain, layer-zero protocol’s security and scalability systems, according to a press release.

Details found in the patent’s application describe a technology termed “Proof of Honesty,” which is Geeq’s alternative to predominant proof-of-work and proof-of-stake consensus mechanisms. Additionally, Geeq alleges that its system of federated blockchains is able to ensure security and achieve “infinite scalability.” According to the patent application:

“If there is at least one honest node, it will write an honest block to a valid chain. Users are able to discover honest chains and will always choose it for their transactions. …